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Kristina Heili, CDPE's Blog

By Voices Member | in

The Real Estate Cycle is Slowly Turning

The Real Estate Cycle is Slowly TurningHistory indicates that a more balanced market is in our future.  Steep unemployment and record foreclosures make it seem like a mirage.  However, it is possible and it will happen, slowly but surely.  What reminds us that this, too, shall pass is gains in existing and new home sales, increasing activity with investors, upticks in housing stats with ongoing efforts to streamline short sales.

We’re seeing improvements that might not be dramatic or permanent just yet, but they show an important move toward restoring confidence in consumers and industry experts.  Hopeful buyers who are regaining their financial footing and building their savings are driving the market in the right direction.  Investors are focusing on long-term wealth rather than short-term gains.

More and more homeowners will be managing responsible mortgage terms and affordable payments.  Homeowners will, also, once again be selling homes with equity.  Real estate professionals know now is the time to be reaching out to buyers and sellers in all situations and providing the most comprehensive expert service possible.  Now is not the time to shy away from a better cycle in your career, with more coaching and a renewed purpose.

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